Economist: Inflation rates in the country, up continuously due to the fluctuation of the exchange ra

Economist: Inflation rates in the country, up continuously due to the fluctuation of the exchange rate of the dinar

15-07-2013 10:51 AM

Baghdad (news) .. Economic expert ruled out Abbas Ghalibi, having low inflation rates last month, indicating that the data are not considered a real indicators as what are speculative.

And said Ghalibi (of the Agency news): The decimal salaries reduced by inflation to not be considered a real indicators of quality standards as far as what is considered speculative and discretionary.

He added: rates of inflation continues to rise due to the difference of the dinar exchange rate between the period and the other toward the foreign currency as well as the policy is correct and dysfunctional in the management of the Central Bank of the new, as well as the rise witnessed in system prices, which negatively affects the inflation indicators adopted by the Ministry of Planning .

And predicted Ghalibi: that high rates of inflation in the coming months, stressing that the proportions are not true.
It is noted that the Ministry of Planning and Development Cooperation announced a decrease in the inflation index for the month of June, and at a rate of 1% and rising annually at a rate of 2%. / End / 5. H. P /

Economist: Inflation rates in the country, up continuously due to the fluctuation of the exchange rate of the dinar
Baghdad (news) .. Economic expert ruled out Abbas Ghalibi, having low inflation rates last month, indicating that the data are not considered a real indicators as what are speculative.

And said Ghalibi (of the Agency news): The decimal salaries reduced by inflation to not be considered a real indicators of quality standards as far as what is considered speculative and discretionary.

He added: rates of inflation continues to rise due to the difference of the dinar exchange rate between the period and the other toward the foreign currency as well as the policy is correct and dysfunctional in the management of the Central Bank of the new, as well as the rise witnessed in system prices, which negatively affects the inflation indicators adopted by the Ministry of Planning .

And predicted Ghalibi: that high rates of inflation in the coming months, stressing that the proportions are not true.

It is noted that the Ministry of Planning and Development Cooperation announced a decrease in the inflation index for the month of June, and at a rate of 1% and rising annually at a rate of 2%. / End / 5. H. P /

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Economists expect inflation over the coming months  
 

16-07-2013
Baghdad (newsletter). Economist predicted Majid mock, high rates of inflation in the country over the coming months, urging the Government to pursue real economic development in the country.

Mock said (News Agency): there are obvious reasons may lead to rising inflation because of the fluctuation in the price of gold, oil and the dollar exchange rate, and this will lead to KULLA rise in price leads to higher inflation in the future.

Mock said: If you get the real economic development in Iraq, and this of course is by the Government do not believe that the factors leading to the decline in inflation requires a serious concerned in this aspect.

Higher rates are calculated and the low inflation in the country through the account of goods and services, including food, rent, transportation and communications, health, education and other consumer/end puppy/3. h. p/


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